Saturday, July 22, 2017

Something Going On? MRO's Ell -- #17876 -- July 22, 2017

There is nothing in the file report (no sundry form) and nothing over at FracFocus to explain this. Note a one-day production of 2,176 bbls for a stripper well that was producing about 300 bbls/month at best.
  • 17876, 288, MRO, Ell 31-1H, Murphy Creek, t5/09; cum 79K 5/17;
Monthly production data:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-20170000000
BAKKEN4-2017121762177023300
BAKKEN3-201711550000
BAKKEN2-20170000000
BAKKEN1-2017330701327012
BAKKEN12-201631337333200280562
BAKKEN11-2016302191911412998214
BAKKEN10-2016312513541603269419

Making North Dakota Great -- Unemployment Rate At 2.5% -- July 22, 2017

At The Bismarck Tribune, data points:
  • June data
  • 2.5% unemployment in ND
  • up 0.5% from previous month
  • down 1% from one year ago (June, 2016)
  • national rate: 4.5%
*********************************
Easy One

What is the link between Disneyland's Great Moments With Mr Lincoln and The Trouble With Harry. 

Friday, July 21, 2017

Largest Petrochemical Plant Of Its Kind To Be Built Near Houston; LyondellBasell; $2.4 Billion -- Making America Great Again -- 2,500 Construction Jobs -- July 21, 2017

Updates

July 22, 2017: after posting the LyondellBasell article below, I thought back to this article just a couple of days earlier:
RBN Energy: Really? New US cracker demand, exports will strain ethane supply. Really? Remarkable. Absolutely remarkable.

The last couple of years have been a wild ride for the U.S. ethane market, but look out ahead.  It’s going to get crazy. 
The onslaught of new, ethane-only crackers is upon us at the same time overseas exports are expected to ramp up. 
At first glance, it might appear there is enough ethane to meet all that demand, coming from molecules that today are being rejected — that is, sold as natural gas rather than liquid ethane. But the big question — will it be enough? Because not all that rejected ethane has access to pipeline capacity needed to get it to market, at least not right now. In today's blog, we begin a new series on rising ethane demand, how the new demand will be met, and what it all means for ethane prices.
Ethane is a unique market — it’s the only energy commodity that can morph from being sold as natural gas to being sold to petrochemical plants as a liquid feedstock.
Original Post
 
A huge "thank you" to the reader who sent me this. From Chron.com, the data points:
  • Houston petrochemical company, LyondellBasell ("Pat, I would like to buy an 'L'.")
  • to build a $2.4 billion plant near Houston Ship Channel
  • would be the largest factory of its kind in the world
  • 2,500 construction jobs; 160 permanent positions
  • represents a continuation of the petrochemical boom along the Gulf Coast
  • of the $185 billion in petrochemical plants completed since 2010 or planned through 2023, $70 billion of those along the Texas Gulf Coast
  • direct result of the shale-drilling boom which produced large amounts of ethane
************************
US Will Dominate Energy -- Rick Perry

For various reasons I did not want to post this story but on second thought there were some important points to bring out. The reader who sent me this article mentioned this about the journalist who interviewed Rick Perry for the article below: Ms Zito was one of the few reporters that covered the election correctly; she was on the ground in western Pennsylvania and got a great feel for Trump's support.

From The Washington Examiner, meeting with SecDOE Rick Perry outside Pittsburgh earlier this week:
BRUCETON, Pa. — The National Energy Technology Laboratory in suburban Pittsburgh is one of 17 government-funded national labs within the Department of Energy and is also part of a fascinating chapter in American history, not just in the development of energy, but also of science.
The complex, atop a rolling Appalachian ridge, once housed the head of the Ordnance Engineering Group for the Manhattan Project and the researchers and scientists who helped design the trigger for the first atomic bomb. SecDOE Rick Perry visited for a tour of the lab that is working to expand the possibilities for horizontal drilling and hydraulic fracturing for natural gas in shale. He praised work the lab is also doing to identify and extract rare-earth elements from coal and coal byproducts.
Two things come to mind immediately:
  • the new attitude in Washington: America's exceptionalism
  • fracking: for the US, no looking back

Random Look At Statoil Roscoe, #17755, In Banks Oil Field -- July 21, 2017

Link here.

Jump In Production, BR, CCU Boxcar, #17756 -- July 21, 2017

Idle chatter regarding a well with jump in production about six-and-a-half years after the original frack.

This well was originally drilled/fracked/completed back in September, 2009. Note the incredible jump in production in April, 2016. It was obviously re-fracked but there is no sundry form showing a re-frack and there is no data over at FracFocus. There is a sundry form regarding a flare in 2016, but only because there was a minor mishap at the time.
  • 17756, 550, BR, CCU Boxcar 21-15H, Corral Creek, t10/09; cum 300K 5/17;
There are suggestions coming out of the Bakken that the well progression in the Bakken is this:
  • original frack
  • "mini-frack" at five to seven years after original  frack
  •  full re-frack at 10 to 15 years after original frack
I cannot take credit for coming up with this "progression." A reader sent me a link some months ago that put me onto this. The link was to a "proposal" made by an oil service company in the Bakken that was released in 2015. 
If the "mini-frack" was "simply" a workover, there might not be any need for a sundry form, or any need to send data to FracFocus. I don't know. Just idle chatter. But I am coming across any number of examples of where it appears a well has clearly been re-fracked and FracFocus has no data. Maybe the paperwork "is in the mail." Or maybe we could call this a "no-sundry-form-work-over" (NSFWO).

Disclaimer: this is simply idle chatter. Do not quote me on any of this. I may be missing something obvious or misreading something. If this is important to you, go to the source.

Selected production profile:
BAKKEN1-201731703470472132709670780
BAKKEN12-201628733473213341652665110
BAKKEN11-201630694368582097658765720
BAKKEN10-201631671664532524697869630
BAKKEN9-20163002575165826582510
BAKKEN8-20163189918846486371186465642
BAKKEN7-20168234823351231165316490
BAKKEN6-201612630963412888498449840
BAKKEN5-201620900191023833579857980
BAKKEN4-20162116679166818221100119072940
BAKKEN3-201639171095398681480200
BAKKEN2-20167460544351899309603079
BAKKEN1-201614500200
BAKKEN12-201513013402
BAKKEN11-2015117083200
BAKKEN10-2015251231135921388260
BAKKEN9-201530143713462617950
BAKKEN8-20153116031776277128510